lenderpanel

Find a Suffolk Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Suffolk? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Suffolk conveyancing at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Suffolk conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Suffolk

How does conveyancing in Suffolk differ for new build properties?

Most buyers of new build residence in Suffolk approach us having been asked by the developer to exchange contracts and commit to the purchase even before the property is ready to move into. This is because builders in Suffolk typically purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Suffolk or who has acted in the same development.

I decided to have a survey carried out on a house in Suffolk before appointing lawyers. I have been advised that there is a flying freehold overhang to the house. Our surveyor has said that some banks tend refuse to issue a loan on a flying freehold premises.

It depends who your proposed lender is. Santander has different instructions for example to Birmingham Midshires. If you call us we can investigate further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Suffolk. Conveyancing will be smoother if you use a solicitor in Suffolk especially if they regularly deal with such properties in Suffolk.

I need to instruct a conveyancing solicitor for purchase conveyancing in Suffolk. I happened to discover a site which looks to be the perfect solution If there is a chance to get all formalities done via phone that would be ideal. Should I be concerned? What are the potential pitfalls?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

I have recently realised that I have 68 years unexpired on my flat in Suffolk. I now wish to get lease extension but my freeholder is absent. What options are available to me?

If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be lengthened by the magistrate. However, you will be required to demonstrate that you have done all that could be expected to track down the landlord. In some cases a specialist may be useful to conduct investigations and to produce a report to be accepted by the court as evidence that the freeholder can not be located. It is advisable to get professional help from a conveyancer both on proving the landlord’s absence and the vesting order request to the County Court overseeing Suffolk.

Suffolk Leasehold Conveyancing - Examples of Questions you should consider before buying

    How much is the service charge and ground rent on the property? On the whole the outlay for major works tend not to be included within maintenance charges, albeit that a few managing agents in Suffolk ask leaseholders to pay into a reserve fund and this is used to offset against larger repairs or maintenance. Best to be warned if changing the roof or some other major work is due in the near future that will be shared by the tenants and may well materially increase the the service costs or require a specific invoice.

How do I find the right lawyer for my conveyancing in Suffolk ?

First ask the people you trust who they would recommend. Option 2 is to search the internet for conveyancing in Suffolk. Telephone two or three from the list and ask them to email you their conveyancing quote and discuss your needs with the solicitor who will conduct your conveyancing before you commit. Third is to make use of our search tool to help you find the right lawyers for you based on your unique factors including location,speed, complexity and who the proposed lender is.Avoid the trap of appointing lowest cost conveyancing solicitors in Suffolk

Last updated

Find out more about how flying freehold can affect your the value of a property.